News
SAN DIEGO (BRAIN) — When Gocycle, an 18-year-old British e-bike brand, first made a stab at the U.S. market, company founder and CEO Richard Thorpe found the market wasn’t ready for its upscale, folding e-bikes.
STOCKHOLM (BRAIN) — MIPS' fourth-quarter net sales increased 41% year-over-year, while the helmet technology company's 2019 sales showed a 39% growth.
Marc Sani has some thoughts to share about Australia, Taiwan, and Las Vegas.
TEMPE, Ariz. (BRAIN) — The National Bicycle Dealer Association's latest podcast discusses e-bikes and buidling a mission-driving bike shop.
OSAKA, Japan (BRAIN) — In its bicycle-related business Shimano Inc. saw a 4.6% increase in sales in 2019 compared to 2018 and a 1% increase in operating income in the year.
The company said sales were solid in Europe and North America and even the years'-long downward trend in China has stopped.
At CABDA Midwest BRAIN talks to retailers about opportunities and concerns for the 2020 selling season.
STOCKHOLM (BRAIN) — Thule Group sales increased 4.7% in the fourth quarter over the same time last year and 8.5% for 2019, meeting the company's expectations despite a decrease in the U.S.
SALEM, Mass. (BRAIN) — When Dan Shuman started working for owner Chris Finn as an apprentice at Marblehead Cycle in 1989, he was a sophomore in high school with no plans to make a career in bike retail. Circumstances dictated otherwise.
TAIPEI, Taiwan (BRAIN) — Organizers of Taipei Cycle have postponed the trade show originally scheduled for March 4-7 to May 14-16 because of the coronavirus outbreak in China.
When bottom-line margins to assemble D2C bikes are often better than traditional brands, what does that imply for the IBD business model?
MARINA del REY, Calif. (BRAIN) — Jim Whitsett, longtime industry member and former Supergo, Cynergy and Performance general manager, died Saturday from an apparent heart attack.
He was 56 and survived by his 10-year-old son Jesse and adult son Jason. Funeral arrangements are pending.
TAICHUNG, Taiwan (BRAIN) — The CEO of A&J Bicycles — one of the world's largest bike makers, with factories in Taiwan, China, Vietnam, and Cambodia — is warning customers of possible shipment delays due to the novel coronavirus outbreak in China.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the fourth quarter increased 40% year-over-year to $528 million. Revenue for 2019 increased 4% year-over-year, reaching $1.2 billion, for the period ending Dec. 31.
Excluding GoPro drone business, full year revenues increased 7% year-over-year.
